資產負債表僅顯示部份重要科目, 完整財報可參考這裡 玩股撇步(動畫小學堂)
- 現金是否充足, 是否沒有債務壓力. 現金和短期借款和一年內到期長期負債都很高的話要小心, 滿手現金卻不還債, 可能有問題
- 應收帳款或存貨是否突然大幅增加, 留意應收帳款超過營收
- 營收和獲利增加的速度要大於存貨和應收帳款的速度; 營收衰退, 應收帳款正常也要跟著減少
- 營業活動負債: 因營業活動而產生, 如應付帳款, 應付票據, 合約負債等, 通常不需要支付利息. 此類型負債上升, 通常代表業績增加, 議價能力變好
- 最容易被操弄的資產是應收帳款, 存貨和長期投資
- 如果有資金貸予他人要注意
- 非控制權益佔比: 非控制權益 / 股東權益總額, 如果這個值過大時要看個體報表, 不能只看合併報表
- 圖表中的值是加一取對數, 目的是為了看趨勢
- 還款急迫性 - 公司債 > 應付票據 > 銀行借款 > 應付員工 > 應付帳款/費用 > 其它
- 如果未分配盈餘為負, 就算當年有獲利也沒法配息
- 如果配息能力(未分配盈餘+其它權益)為負, 有可能會無法配息
| 現金及約當現金 YoY | 短期借款 YoY | 一年內到期長期負債 YoY | 資金貸予他人 YoY | 營收 YoY | 淨利 YoY | 應收帳款及票據 YoY | 應收帳款佔營收比(%) YoY | 存貨 YoY | 長期投資 YoY | 長期負債 YoY | 商譽及無形資產 YoY | 股本 YoY | 法定盈餘公積 YoY | 特別盈餘公積 YoY | 未分配盈餘 YoY | 保留盈餘 YoY | 其它權益 YoY | 配息能力 YoY | 非控制權益佔比 YoY | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 19.81 | 158.62 | 8.65 | 125.26 | 6.2 | 13.14 | 0 | 0 | 35.16 | -31.5 | 8.36 | 63.6 | 8.86 | -14.81 | 25.20 | 24.37 | 8.22 | -20.5 | 50.5 | 10.09 | 15.47 | -6.13 | 0.02 | 0.0 | 18.27 | 0.0 | 9.34 | 6.38 | 19.0 | 0.0 | 44.42 | 18.9 | 72.76 | 11.72 | -5.79 | 0 | 38.63 | 22.56 | 0.00 | 0 |
| 2022 (9) | 7.66 | 36.3 | 3.84 | -48.25 | 5.48 | 6.0 | 0 | 0 | 51.33 | -4.06 | 5.11 | -4.31 | 10.4 | -34.96 | 20.26 | -32.21 | 10.34 | -29.47 | 45.87 | 16.21 | 16.48 | -13.67 | 0.02 | 100.0 | 18.27 | 0.0 | 8.78 | 6.42 | 19.0 | -0.37 | 37.36 | 9.85 | 65.13 | 6.21 | -5.84 | 0 | 31.52 | 9.86 | 0.00 | 0 |
| 2021 (8) | 5.62 | -37.69 | 7.42 | 404.76 | 5.17 | 34.29 | 0 | 0 | 53.5 | 11.81 | 5.34 | 28.99 | 15.99 | 30.42 | 29.89 | 16.65 | 14.66 | 62.71 | 39.47 | 14.74 | 19.09 | 0.0 | 0.01 | -75.0 | 18.27 | 0.0 | 8.25 | 5.23 | 19.07 | 0.0 | 34.01 | 6.82 | 61.32 | 4.39 | -5.32 | 0 | 28.69 | 9.97 | 0.00 | 0 |
| 2020 (7) | 9.02 | 46.19 | 1.47 | 47.0 | 3.85 | 60.42 | 0 | 0 | 47.85 | -6.07 | 4.14 | -24.73 | 12.26 | -15.62 | 25.62 | -10.17 | 9.01 | 4.52 | 34.4 | 21.51 | 19.09 | -8.4 | 0.04 | -55.56 | 18.27 | -10.0 | 7.84 | 7.84 | 19.07 | -1.5 | 31.84 | 9.72 | 58.74 | 5.57 | -5.75 | 0 | 26.09 | 9.39 | 0.00 | 0 |
| 2019 (6) | 6.17 | -76.58 | 1.0 | 0 | 2.4 | -34.78 | 0 | 0 | 50.94 | -7.78 | 5.5 | 82.72 | 14.53 | -1.42 | 28.52 | 6.9 | 8.62 | 7.48 | 28.31 | 23.46 | 20.84 | 9.45 | 0.09 | -55.0 | 20.3 | -10.02 | 7.27 | 4.3 | 19.36 | 13.08 | 29.02 | 3.16 | 55.64 | 6.55 | -5.17 | 0 | 23.85 | -0.54 | 0.00 | 0 |
| 2018 (5) | 26.35 | 13.97 | 0 | 0 | 3.68 | -28.12 | 0 | 0 | 55.24 | 2.73 | 3.01 | 0 | 14.74 | 13.82 | 26.68 | 10.79 | 8.02 | 1.91 | 22.93 | 12.9 | 19.04 | 13.88 | 0.2 | 0 | 22.56 | 0.0 | 6.97 | 0.0 | 17.12 | 3.13 | 28.13 | 10.49 | 52.22 | 6.51 | -4.15 | 0 | 23.98 | 2.13 | 0.00 | 0 |
| 2017 (4) | 23.12 | -43.73 | 0 | 0 | 5.12 | 7.79 | 0 | 0 | 53.77 | 9.73 | -0.08 | 0 | 12.95 | -6.57 | 24.08 | -14.85 | 7.87 | 2.47 | 20.31 | -7.01 | 16.72 | 30.22 | 0 | 0 | 22.56 | -19.72 | 6.97 | 0.72 | 16.6 | 10.89 | 25.46 | -11.87 | 49.03 | -3.45 | -1.98 | 0 | 23.48 | -14.37 | 0.00 | 0 |
| 2016 (3) | 41.09 | 6.31 | 1.8 | -19.64 | 4.75 | 0.85 | 0 | 0 | 49.0 | -20.48 | 0.47 | -99.01 | 13.86 | 1.32 | 28.29 | 27.41 | 7.68 | -0.52 | 21.84 | -4.71 | 12.84 | 13.23 | 0 | 0 | 28.1 | -8.86 | 6.92 | 215.98 | 14.97 | 166.37 | 28.89 | -51.91 | 50.78 | -25.2 | -1.47 | 0 | 27.42 | -55.77 | 0.00 | 0 |
| 2015 (2) | 38.65 | 90.02 | 2.24 | 17.28 | 4.71 | 7.29 | 0 | 0 | 61.62 | -15.93 | 47.28 | 1198.9 | 13.68 | -30.87 | 22.20 | -17.77 | 7.72 | -0.26 | 22.92 | -42.59 | 11.34 | -26.93 | 0 | 0 | 30.83 | -3.38 | 2.19 | 19.67 | 5.62 | -0.53 | 60.07 | 203.23 | 67.89 | 148.77 | 1.92 | -33.79 | 61.99 | 172.96 | 0.00 | 0 |
| 2014 (1) | 20.34 | 86.95 | 1.91 | -55.79 | 4.39 | -46.2 | 0 | 0 | 73.3 | 19.44 | 3.64 | 32.85 | 19.79 | 13.02 | 27.00 | -5.37 | 7.74 | 38.21 | 39.92 | -0.94 | 15.52 | 82.59 | 0 | 0 | 31.91 | 0.0 | 1.83 | 18.06 | 5.65 | 13.23 | 19.81 | 1.12 | 27.29 | 4.4 | 2.9 | 150.0 | 22.71 | 9.45 | 0.00 | 0 |
| 現金及約當現金 QoQ YoY | 短期借款 QoQ YoY | 一年內到期長期負債 QoQ YoY | 資金貸予他人 QoQ YoY | 營收 QoQ YoY | 淨利 QoQ YoY | 應收帳款及票據 QoQ YoY | 應收帳款佔營收比(%) QoQ YoY | 存貨 QoQ YoY | 長期投資 QoQ YoY | 長期負債 QoQ YoY | 商譽及無形資產 QoQ YoY | 股本 QoQ YoY | 法定盈餘公積 QoQ YoY | 特別盈餘公積 QoQ YoY | 未分配盈餘 QoQ YoY | 保留盈餘 QoQ YoY | 其它權益 QoQ YoY | 配息能力 QoQ YoY | 非控制權益佔比 QoQ YoY | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 9.87 | -44.21 | -13.04 | 5.77 | -29.98 | -36.31 | 3.49 | -50.98 | -39.09 | 0 | 0 | 0 | 8.56 | 15.05 | -3.93 | 1.89 | 7.39 | 52.42 | 8.72 | 3.56 | -7.14 | 26.47 | 4.66 | 4.9 | 8.35 | -4.13 | -6.6 | 59.12 | 10.13 | 16.47 | 15.98 | 33.61 | 0.88 | 0.01 | 0.0 | 0.0 | 18.27 | 0.0 | 0.0 | 10.2 | 0.0 | 9.21 | 18.84 | 0.0 | -0.84 | 48.25 | 4.08 | 31.08 | 77.29 | 2.51 | 18.63 | -2.87 | 31.99 | 43.28 | 45.38 | 7.69 | 42.93 | 0.00 | 0 | 0 |
| 24Q2 (19) | 17.69 | -17.68 | 78.15 | 8.24 | -3.4 | -10.63 | 7.12 | 12.66 | -8.95 | 0 | 0 | 0 | 7.44 | -8.03 | -20.09 | 1.76 | -1.68 | 5766.67 | 8.42 | 1.2 | -6.03 | 25.29 | 6.89 | 13.9 | 8.71 | 7.93 | -8.32 | 53.68 | -1.32 | 15.59 | 11.96 | -17.06 | -9.74 | 0.01 | -50.0 | 0.0 | 18.27 | 0.0 | 0.0 | 10.2 | 9.21 | 9.21 | 18.84 | -0.84 | -0.84 | 46.36 | 0.32 | 30.37 | 75.4 | 1.14 | 18.0 | -4.22 | 16.93 | 38.3 | 42.14 | 2.46 | 46.73 | 0.00 | 0 | 0 |
| 24Q1 (18) | 21.49 | 8.48 | 161.75 | 8.53 | -1.39 | 35.4 | 6.32 | 1.94 | -5.95 | 0 | 0 | 0 | 8.09 | -8.59 | 0.0 | 1.79 | -75.94 | 597.22 | 8.32 | -6.09 | 0.73 | 23.66 | -6.09 | 29.15 | 8.07 | -1.82 | -22.03 | 54.4 | 7.72 | 13.52 | 14.42 | -6.79 | -1.23 | 0.02 | 0.0 | 100.0 | 18.27 | 0.0 | 0.0 | 9.34 | 0.0 | 6.38 | 19.0 | 0.0 | 0.0 | 46.21 | 4.03 | 24.89 | 74.55 | 2.46 | 15.1 | -5.08 | 12.26 | 4.33 | 41.13 | 6.47 | 29.79 | 0.00 | 0 | 0 |
| 23Q4 (17) | 19.81 | 74.54 | 158.62 | 8.65 | -4.53 | 125.26 | 6.2 | 8.2 | 13.14 | 0 | 0 | 0 | 8.85 | -0.67 | -18.81 | 7.44 | 500.0 | 1517.39 | 8.86 | -5.64 | -14.81 | 25.20 | -0.14 | 24.37 | 8.22 | -8.05 | -20.5 | 50.5 | -0.51 | 10.09 | 15.47 | -2.34 | -6.13 | 0.02 | 100.0 | 0.0 | 18.27 | 0.0 | 0.0 | 9.34 | 0.0 | 6.38 | 19.0 | 0.0 | 0.0 | 44.42 | 20.67 | 18.9 | 72.76 | 11.68 | 11.72 | -5.79 | -14.43 | 0.86 | 38.63 | 21.67 | 22.56 | 0.00 | 0 | 0 |
| 23Q3 (16) | 11.35 | 14.3 | 146.2 | 9.06 | -1.74 | 185.8 | 5.73 | -26.73 | -12.52 | 0 | 0 | 0 | 8.91 | -4.3 | -26.06 | 1.24 | 4033.33 | -29.14 | 9.39 | 4.8 | -28.86 | 25.24 | 13.64 | 4.97 | 8.94 | -5.89 | -22.4 | 50.76 | 9.3 | 15.81 | 15.84 | 19.55 | 0.32 | 0.01 | 0.0 | 0 | 18.27 | 0.0 | 0.0 | 9.34 | 0.0 | 6.38 | 19.0 | 0.0 | 0.0 | 36.81 | 3.52 | 1.24 | 65.15 | 1.96 | 1.57 | -5.06 | 26.02 | 0.0 | 31.75 | 10.55 | 1.44 | 0.00 | 0 | 0 |
| 23Q2 (15) | 9.93 | 20.95 | 20.36 | 9.22 | 46.35 | 56.01 | 7.82 | 16.37 | 39.15 | 0 | 0 | 0 | 9.31 | 15.08 | -33.69 | 0.03 | 108.33 | -97.67 | 8.96 | 8.47 | -42.97 | 22.21 | 21.19 | -18.58 | 9.5 | -8.21 | -26.41 | 46.44 | -3.09 | 11.93 | 13.25 | -9.25 | -22.01 | 0.01 | 0.0 | 0.0 | 18.27 | 0.0 | 0.0 | 9.34 | 6.38 | 6.38 | 19.0 | 0.0 | 0.0 | 35.56 | -3.89 | 2.74 | 63.9 | -1.34 | 2.42 | -6.84 | -28.81 | -41.03 | 28.72 | -9.37 | -3.49 | 0.00 | 0 | 0 |
| 23Q1 (14) | 8.21 | 7.18 | -13.49 | 6.3 | 64.06 | -37.93 | 6.72 | 22.63 | 11.07 | 0 | 0 | 0 | 8.09 | -25.78 | -43.58 | -0.36 | -178.26 | -122.36 | 8.26 | -20.58 | -47.39 | 18.32 | -9.57 | -34.53 | 10.35 | 0.1 | -25.16 | 47.92 | 4.47 | 13.53 | 14.6 | -11.41 | -16.52 | 0.01 | -50.0 | 0.0 | 18.27 | 0.0 | 0.0 | 8.78 | 0.0 | 6.42 | 19.0 | 0.0 | -0.37 | 37.0 | -0.96 | 3.87 | 64.77 | -0.55 | 2.92 | -5.31 | 9.08 | -54.81 | 31.69 | 0.54 | -1.55 | 0.00 | 0 | 0 |
| 22Q4 (13) | 7.66 | 66.16 | 36.3 | 3.84 | 21.14 | -48.25 | 5.48 | -16.34 | 6.0 | 0 | 0 | 0 | 10.9 | -9.54 | -24.72 | 0.46 | -73.71 | -68.49 | 10.4 | -21.21 | -34.96 | 20.26 | -15.72 | -32.21 | 10.34 | -10.24 | -29.47 | 45.87 | 4.65 | 16.21 | 16.48 | 4.37 | -13.67 | 0.02 | 0 | 100.0 | 18.27 | 0.0 | 0.0 | 8.78 | 0.0 | 6.42 | 19.0 | 0.0 | -0.37 | 37.36 | 2.75 | 9.85 | 65.13 | 1.54 | 6.21 | -5.84 | -15.42 | -9.77 | 31.52 | 0.7 | 9.86 | 0.00 | 0 | 0 |
| 22Q3 (12) | 4.61 | -44.12 | -18.84 | 3.17 | -46.36 | -29.56 | 6.55 | 16.55 | 83.47 | 0 | 0 | 0 | 12.05 | -14.17 | -18.25 | 1.75 | 35.66 | 1.16 | 13.2 | -15.98 | -9.9 | 24.04 | -11.86 | -16.17 | 11.52 | -10.77 | -14.98 | 43.83 | 5.64 | 18.08 | 15.79 | -7.06 | -25.52 | 0 | -100.0 | -100.0 | 18.27 | 0.0 | 0.0 | 8.78 | 0.0 | 6.42 | 19.0 | 0.0 | -0.37 | 36.36 | 5.06 | 11.02 | 64.14 | 2.8 | 6.79 | -5.06 | -4.33 | 14.96 | 31.3 | 5.17 | 16.79 | 0.00 | 0 | 0 |
| 22Q2 (11) | 8.25 | -13.07 | -18.88 | 5.91 | -41.77 | 31.33 | 5.62 | -7.11 | 108.92 | 0 | 0 | 0 | 14.04 | -2.09 | 11.96 | 1.29 | -19.88 | 17.27 | 15.71 | 0.06 | 15.09 | 27.27 | -2.54 | -3.91 | 12.91 | -6.65 | 6.61 | 41.49 | -1.71 | 17.04 | 16.99 | -2.86 | -12.42 | 0.01 | 0.0 | -50.0 | 18.27 | 0.0 | 0.0 | 8.78 | 6.42 | 11.99 | 19.0 | -0.37 | -0.37 | 34.61 | -2.84 | 1.79 | 62.39 | -0.86 | 2.45 | -4.85 | -41.4 | 8.14 | 29.76 | -7.55 | 3.62 | 0.00 | 0 | 0 |
| 22Q1 (10) | 9.49 | 68.86 | 27.04 | 10.15 | 36.79 | 135.5 | 6.05 | 17.02 | 20.52 | 0 | 0 | 0 | 14.34 | -0.97 | 22.15 | 1.61 | 10.27 | 53.33 | 15.7 | -1.81 | 26.41 | 27.99 | -6.36 | 9.62 | 13.83 | -5.66 | 40.26 | 42.21 | 6.94 | 16.93 | 17.49 | -8.38 | 2.58 | 0.01 | 0.0 | -66.67 | 18.27 | 0.0 | 0.0 | 8.25 | 0.0 | 5.23 | 19.07 | 0.0 | 0.0 | 35.62 | 4.73 | 8.27 | 62.93 | 2.63 | 5.23 | -3.43 | 35.53 | 31.94 | 32.19 | 12.2 | 15.54 | 0.00 | 0 | 0 |
| 21Q4 (9) | 5.62 | -1.06 | -37.69 | 7.42 | 64.89 | 404.76 | 5.17 | 44.82 | 34.29 | 0 | 0 | 0 | 14.48 | -1.76 | 19.97 | 1.46 | -15.61 | 40.38 | 15.99 | 9.15 | 30.42 | 29.89 | 4.23 | 16.65 | 14.66 | 8.19 | 62.71 | 39.47 | 6.33 | 14.74 | 19.09 | -9.95 | 0.0 | 0.01 | 0.0 | -75.0 | 18.27 | 0.0 | 0.0 | 8.25 | 0.0 | 5.23 | 19.07 | 0.0 | 0.0 | 34.01 | 3.85 | 6.82 | 61.32 | 2.1 | 4.39 | -5.32 | 10.59 | 7.48 | 28.69 | 7.05 | 9.97 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.68 | -44.15 | -39.64 | 4.5 | 0.0 | 80.0 | 3.57 | 32.71 | 27.05 | 0 | 0 | 0 | 14.74 | 17.54 | 25.55 | 1.73 | 57.27 | 49.14 | 14.65 | 7.33 | 7.17 | 28.67 | 1.02 | 2.34 | 13.55 | 11.89 | 43.69 | 37.12 | 4.71 | 17.95 | 21.2 | 9.28 | 3.82 | 0.01 | -50.0 | -75.0 | 18.27 | 0.0 | 0.0 | 8.25 | 5.23 | 5.23 | 19.07 | 0.0 | 0.0 | 32.75 | -3.68 | 6.23 | 60.06 | -1.38 | 4.04 | -5.95 | -12.69 | 8.04 | 26.8 | -6.69 | 10.02 | 0.00 | 0 | 0 |
| 21Q2 (7) | 10.17 | 36.14 | 63.77 | 4.5 | 4.41 | 114.29 | 2.69 | -46.41 | -4.27 | 0 | 0 | 0 | 12.54 | 6.81 | -4.27 | 1.1 | 4.76 | -4.35 | 13.65 | 9.9 | -4.68 | 28.38 | 11.18 | 0 | 12.11 | 22.82 | 21.34 | 35.45 | -1.8 | 23.05 | 19.4 | 13.78 | -3.39 | 0.02 | -33.33 | -60.0 | 18.27 | 0.0 | -10.0 | 7.84 | 0.0 | 0.0 | 19.07 | 0.0 | 0.0 | 34.0 | 3.34 | 14.59 | 60.9 | 1.84 | 7.65 | -5.28 | -4.76 | 26.87 | 28.72 | 3.09 | 27.93 | 0.00 | 0 | 0 |
| 21Q1 (6) | 7.47 | -17.18 | -10.32 | 4.31 | 193.2 | 187.33 | 5.02 | 30.39 | 26.77 | 0 | 0 | 0 | 11.74 | -2.73 | 7.31 | 1.05 | 0.96 | 32.91 | 12.42 | 1.31 | 0.89 | 25.53 | -0.36 | 0 | 9.86 | 9.43 | 2.6 | 36.1 | 4.94 | 23.8 | 17.05 | -10.69 | -11.84 | 0.03 | -25.0 | -62.5 | 18.27 | 0.0 | -10.0 | 7.84 | 0.0 | 7.84 | 19.07 | 0.0 | -1.5 | 32.9 | 3.33 | 10.37 | 59.8 | 1.8 | 5.95 | -5.04 | 12.35 | 23.64 | 27.86 | 6.78 | 20.03 | 0.00 | 0 | 0 |
| 20Q4 (5) | 9.02 | -4.14 | 46.19 | 1.47 | -41.2 | 47.0 | 3.85 | 37.01 | 60.42 | 0 | 0 | 0 | 12.07 | 2.81 | -7.23 | 1.04 | -10.34 | 18.18 | 12.26 | -10.31 | -15.62 | 25.62 | -8.55 | 0 | 9.01 | -4.45 | 4.52 | 34.4 | 9.31 | 21.51 | 19.09 | -6.51 | -8.4 | 0.04 | 0.0 | -55.56 | 18.27 | 0.0 | -10.0 | 7.84 | 0.0 | 7.84 | 19.07 | 0.0 | -1.5 | 31.84 | 3.28 | 9.72 | 58.74 | 1.75 | 5.57 | -5.75 | 11.13 | -11.22 | 26.09 | 7.1 | 9.39 | 0.00 | 0 | 0 |
| 20Q3 (4) | 9.41 | 51.53 | 0.0 | 2.5 | 19.05 | 0.0 | 2.81 | 0.0 | 0.0 | 0 | 0 | 0.0 | 11.74 | -10.38 | 0.0 | 1.16 | 0.87 | 0.0 | 13.67 | -4.54 | 0.0 | 28.02 | 0 | 0.0 | 9.43 | -5.51 | 0.0 | 31.47 | 9.23 | 0.0 | 20.42 | 1.69 | 0.0 | 0.04 | -20.0 | 0.0 | 18.27 | -10.0 | 0.0 | 7.84 | 0.0 | 0.0 | 19.07 | 0.0 | 0.0 | 30.83 | 3.91 | 0.0 | 57.73 | 2.05 | 0.0 | -6.47 | 10.39 | 0.0 | 24.36 | 8.51 | 0.0 | 0.00 | 0 | 0.0 |
